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Christine Stuart

News Director

Christine Stuart is the news director at NMP.

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Industry Associations Raise Alarm On Soaring Mortgage Rates To The Federal Reserve

Urgent plea for clarity on rate hikes and MBS sell-offs amidst fears of an economic downturn and housing market instability.

Oct 09, 2023
Fannie Mae Survey Reveals Record Pessimism In Housing Market

September's HPSI drops to 64.5, with 84% of consumers deeming it an unfavorable time to buy.

Oct 09, 2023
Mortgage Lock Volume Dips 13.29% in September, MCT Reports

High mortgage rates and limited housing supply cited as primary causes; Industry eyes Federal Reserve's upcoming meetings and key economic indicators.

Oct 09, 2023
Mortgage Lenders See AI As Key To Operational Efficiency

Fannie Mae Survey: 73% of lenders now prioritize operational efficiency through AI and ML, marking a significant shift from 42% in 2018.

Oct 09, 2023
U.S. Job Market Booms With 336,000 Positions Added In September

Leisure and hospitality sectors lead the surge, but transportation and warehousing see sluggish growth; economists warn of potential impact on lending activity.

Oct 06, 2023
Pandemic's Lasting Impact: A Reshaped Housing Market

Bright MLS study reveals surge in Mid-Atlantic home prices, shrinking inventory, and evolving buyer preferences driven by remote work and governmental policies.

Oct 06, 2023
Fannie Mae Slashes Down Payment Requirements For Multifamily Homes to 5%

Industry experts praise the decision, foreseeing opportunities for increased affordability and growth in real estate investments.

Oct 06, 2023
Mortgage Rates Skyrocket To Highest Levels Since 2000

Homebuyers face affordability crisis as 30-year fixed rate hits 7.49%, amidst inflationary pressures and Federal Reserve uncertainties.

Oct 06, 2023
Federal Judge Dismisses Key Claims Against Better.com and Top Executives

While multiple allegations by former executive Sarah Pierce were set aside, charges of retaliation and defamation will proceed; the digital lender remains optimistic about a favorable outcome.

Oct 05, 2023
Herbie Huesman Elevated To SVP Of Real Estate At USAA Federal Savings

Huesman is poised to steer the bank's real estate lending strategy.

Oct 05, 2023